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U.S. markets news

Tesla Plant in China May Be a First
BEIJING - Tesla is moving closer to becoming the first foreign car company to have a wholly owned manufacturing operation in China - but how much that will help the company is not yet clear.
Tesla Reaches Deal for Shanghai Facility, WSJ Reports  Bloomberg
Tesla has reached a deal to build a factory in China  The Verge
Ars Technica  
Fidelity chairman deals with fallout from sexual harassment claims
BOSTON (Reuters) - Less than a year into her tenure as chairman of Fidelity Investments, Abigail Johnson faces a crisis amid allegations that the mutual fund giant has a men's club mentality.
Fidelity Holds Meeting on Zero-Tolerance Policies After Harassment Allegations  Bloomberg
Wall Street may have its own Harvey Weinstein problem  Washington Post
Listeria concern prompts recall of more than 30 Meijer brand produce items
Grand Rapids-based Meijer Inc. has announced a recall of packaged produce items due to concerns over potential Listeria monocytogenes contamination.
Meijer recalls packaged produce due to listeria concerns  WXYZ
Meijer recalls store brand vegetable products citing listeria concerns  WILX-TV
Cisco nears deal to acquire BroadSoft: source
SAN FRANCISCO (Reuters) - Cisco Systems Inc, the world's largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc for close to $2 billion, a person familiar with the matter said on Sunday.
Cisco Near Deal for Software Maker BroadSoft  Bloomberg
De Blasio unveils effort to improve traffic by targeting deliveries and ...
Mayor de Blasio unveiled his traffic plan, with a goal of boosting traffic speeds in Midtown by 10% by the end of next year. (Benjamin Kanter/Mayoral Photo Office).
Why Blas is wrong to fight self-driving cars  New York Post
NYC to test restricting deliveries to curb congestion  USA TODAY
Guy Who Ran Really, Really Huge Scam Warns ICOs Are the "Biggest Scam Ever"
A hustler knows a hustle. So if you have ever considered sinking money into an initial coin offering—a complicated, barely regulated, and booming new form of financial vehicle where startups offer investors stakes in “new” cryptocurrencies rather than ...
'Wolf of Wall Street' warns ICOs are 'biggest scam ever'  Financial Times
Last post: Titanic victim's letter sells for record $166000
LONDON (Reuters) - A personal letter found on the body of a man killed in the sinking of the Titanic sold at auction on Saturday for 126,000 pounds ($166,000), a record price for correspondence from the doomed liner.
Titanic passenger's letter written day before ship sank sells for $166K  New York Post
Titanic letter sells for world record price at auction  BBC News
Noble Group to sell oil liquids business to Vitol for $580 million
SINGAPORE (Reuters) - Struggling Noble Group agreed to sell its Americas-focused oil liquids business to Vitol for about $580 million, as part of its strategy to shrink its businesses to cut debt.
Singapore-Listed Noble Group Will Sell Its Oil Trading Business  Bloomberg
Hot stock: Noble slips 2.6% after warning of US$1 billion Q3 net loss  THE BUSINESS TIMES
Tell us what you think: Who should lead the Federal Reserve?
President Donald Trump could be leaning towards two out of five previously named candidates for the position of Federal Reserve Chair when current Fed Chair Janet Yellen's term expires in February next year.
Enough About the Economy; What Will the Next Fed Chief Do About Stocks?  Wall Street Journal
Of hawks and doves: Markets may have Fed candidates backward  The Hill
Changes to Social Security coming in 2018
FILE - In this Jan. 11, 2013 file photo, the Social Security Administration's main campus is seen in Woodlawn, Md. Rep. Sam Johnson of Texas, the chairman of the House Ways and Means subcommittee on Social Security, a key Republican lawmaker, wants ...
Taking an early retirement may be financially risky  USA TODAY
How Much Will My Social Security Be In 2018?  Yahoo Finance UK